Japan Jobs-to-Applicants Ratio Worsens

TODAY: Oct. 31, 2014 PUB DATE: Oct. 31, 2014

TOKYO--A measure of jobs growth in Japan fell in September for the first time in over three years, the government said Friday, possibly in a sign that an economic slump caused by a sales tax increase is beginning to ricochet ...

Singapore September Bank Loans S$604.5 Billion Vs S$604.6 Billion Month Earlier

TODAY: Oct. 31, 2014 PUB DATE: Oct. 31, 2014

SINGAPORE--The Monetary Authority of Singapore Friday released the following provisional bank lending data for September: September Year Earlier August Total S$604.5 Bln S$546.6 Bln S$604.6 Bln Housing/Bridge S$174.5 Bln S$163.8 Bln S$173.5 Bln Professionals & Private Individuals S$9.4 Bln S$6.4 ...

Ukraine, Russia Reach Deal on Gas Dispute

TODAY: Oct. 31, 2014 PUB DATE: Oct. 31, 2014

BRUSSELS--Ukraine and Russia resolved their natural-gas feud on Thursday in a hard-fought deal that averts the threat of gas shortages in Europe this winter. The deal was sealed after months of intense negotiations brokered by the European Union, which relies ...

German Retail Sales Slump in September

TODAY: Oct. 31, 2014 PUB DATE: Oct. 31, 2014

By Emese Bartha FRANKFURT--German retail sales in September suffered their biggest monthly fall since May 2007, adding to concerns that private consumption won't be as strong a support to growth in Europe's biggest economy as previously hoped. Retail sales in ...

French September PPI Up 0.5%

TODAY: Oct. 31, 2014 PUB DATE: Oct. 31, 2014

PARIS--French producer prices edged higher in September on the month due to higher energy and water costs, French statistics agency Insee said on Friday. The producer price index rose 0.5% in September from August, but fell 1.4% on the year-earlier ...

French Consumer Spending Drops in September

TODAY: Oct. 31, 2014 PUB DATE: Oct. 31, 2014

By Ruth Bender PARIS--French consumer spending fell more than expected in September, marking a weak end to the third quarter, French statistics agency Insee said on Friday. Consumer spending in the eurozone's second largest economy fell 0.8% in September from ...

Ukraine, Russia Reach Deal on Gas Dispute

TODAY: Oct. 31, 2014 PUB DATE: Oct. 31, 2014

By Vanessa Mock And Laurence Norman BRUSSELS--Ukraine and Russia resolved their natural-gas feud on Thursday in a hard-fought deal that averts the threat of gas shortages in Europe this winter. The deal was sealed after months of intense negotiations brokered ...

Oil Futures Rangebound, Brent Hovers Around $86/bbl

TODAY: Oct. 31, 2014 PUB DATE: Oct. 31, 2014

By Eric Yep Crude-oil futures traded in a narrow price range in Asian hours Friday and remained under pressure from strength in the greenback and oversupply concerns. On the New York Mercantile Exchange, light, sweet crude futures for delivery in ...

Fed: Central Banks May Have Less Room to Ease

TODAY: Oct. 31, 2014 PUB DATE: Oct. 31, 2014

NEW YORK--Federal Reserve Bank of San Francisco President John Williams said on Friday that central banks' largely successful pursuit of low inflation could mean they more frequently run into periods where monetary policy hits levels of interest rates that can't ...

Sinopec to Buy Saudi Arabian Petrochemical Firm Stake for $562 Million

TODAY: Oct. 31, 2014 PUB DATE: Oct. 31, 2014

By Yvonne Lee HONG KONG--State-controlled China Petroleum & Chemical Corp., or Sinopec, said Thursday it agreed to acquire stake in a Saudi Arabian petrochemical company for $562 million to enhance its global network and international operation of the refining segment. ...

French September PPI Up 0.5% on Month, Down 1.4% On Year

TODAY: Oct. 31, 2014 PUB DATE: Oct. 31, 2014

By Noemie Bisserbe PARIS--French producer prices edged higher in September on the month due to higher energy and water costs, French statistics agency Insee said on Friday. The producer price index rose 0.5% in September from August, but fell 1.4% ...

Finnair 3Q Net Profit Falls 38% On Declining Sales

TODAY: Oct. 31, 2014 PUB DATE: Oct. 31, 2014

By Christina Zander STOCKHOLM--Finnish airline Finnair Oyj (FIA1S.HE) said Friday its third quarter net result dropped 38% as cost reductions failed to offset declining sales. The airline, which operates flights to European and Asian destinations, said net profit for the ...

BOJ: Not Out of Policy Ammunition

TODAY: Oct. 31, 2014 PUB DATE: Oct. 31, 2014

TOKYO--Bank of Japan Gov. Haruhiko Kuroda said Friday that the central bank has yet to run out of ammunition, rejecting the notion that there is little he can do if the rate of inflation again defies his optimistic projections. "Our ...

CURRENCIES: Dollar Jumps Against Yen After BOJ's Easing Surprise

TODAY: Oct. 31, 2014 PUB DATE: Oct. 31, 2014

By Hiroyuki Kachi The dollar jumped against the yen in Asia trade Friday, hitting its highest level in nearly seven years after the Bank of Japan unexpectedly moved to ease its monetary grip. The dollar (USDJPY) soared to Yen111.17 from ...

British Grow Less Confident in Economy

TODAY: Oct. 31, 2014 PUB DATE: Oct. 31, 2014

LONDON--The British people are growing less confident about the economy's prospects, two recent data releases show, despite the U.K. continuing to deliver better economic performance than many other big Western economies. Data released Friday by market-research firm GfK Group found ...

Germany's Lanxess Plans To Shed Up To 1,200 Jobs--Report

TODAY: Oct. 31, 2014 PUB DATE: Oct. 31, 2014

By Ulrike Dauer German specialty chemicals producer Lanxess AG (LXS.XE) plans to axe up to 1,200 jobs in its latest cost-cutting plan announced this summer, German daily Rheinische Post reports, citing people close to the company. Jobs will be shed ...

BOJ Unexpectedly Eases Policy

TODAY: Oct. 31, 2014 PUB DATE: Oct. 31, 2014

TOKYO--The Bank of Japan on Friday unexpectedly announced additional stimulus measures, bolstering its asset purchases for the first time in over a year and a half, as its 2% inflation target looks increasingly untenable. The move underscores how Prime Minister ...

Thailand Manufacturing Output in September Drops on Weak Auto, HDD Exports

TODAY: Oct. 31, 2014 PUB DATE: Oct. 31, 2014

By Warangkana Chomchuen BANGKOK - Thailand's manufacturing output contracted in September as weak export demand hit production of vehicles and hard-disk drives, but utilization of factories continued to improve, according to government data released Friday. The Manufacturing Production Index - ...

MOL Signs $1.55 Billion Revolving Credit Facility With 15 Banks

TODAY: Oct. 31, 2014 PUB DATE: Oct. 31, 2014

BUDAPEST--Hungary-based oil and gas firm MOL Nyrt. (MOL.BU) signed a revolving credit facility of up to $1.55 billion with 15 banks Thursday, the company announced in a stock exchange filing Friday. MAIN FACTS: - The new facility refinances MOL's 500 ...